R3 Responds to “Inaccurate News” From Former Employees

David Rutter, CEO of R3 has addressed news that came out last week that a recent fundraise fell short and other claims of excessive expenses; R3 has raised more than $120 million from 45 institutions and have generated $20 million in revenue; Rutter stated, “R3 has more than sufficient funding and continues to see inbound investment interest. If we decide to take on additional funding it will be because we see the strategic value of the investor, or because it will help accelerate our growth to meet demand.” Source